
Quantum computing threatens blockchain

Blockchain relies on complex cryptographic algorithms to secure transactions, but Quantum Computing threatens to break this system. Unlike traditional computers, which process one calculation at a time, quantum computers use qubits to perform multiple calculations simultaneously, making them exponentially more powerful. This means that the encryption protecting Bitcoin, Ethereum, and other cryptocurrencies could be cracked almost instantly once quantum technology advances enough. When that happens, the foundation of crypto—its security and decentralization—could collapse, exposing wallets and transactions to potential hacks.
This is where Goldbacks stand out as a superior currency. Unlike crypto, Goldbacks don’t rely on fragile digital systems, electricity, or encryption. They are tangible, infused with real gold, and hold intrinsic value regardless of technological advancements. If quantum computing destroys blockchain security, digital assets could become worthless overnight, but gold will always retain its worth. When it comes to long-term security and reliability, precious metals—not digital speculation—are the smarter choice.